Solomon Islands: Selected Issues
IMF Staff Country Reports, February 25, 2025
Source details
- Canonical URL
- Solomon Islands: Selected Issues
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Bibliographic details
- Published: February 25, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229002820.002
Governance and fiscal data governance
- The paper "underscores broader issues of governance and the necessity for a comprehensive approach to bolster fiscal data governance in Solomon Islands."
- Fiscal data is described as having "a critical role in sound policy planning and public communication."
- Regular dissemination of fiscal and budget data is said to "immensely enhance policy credibility and attract investors and donors."
Key findings on reporting and statistics
- The International Public Sector Accounting Standards Board recommends that "authorities responsible for presenting financial statements should maintain consistency in the presentation format used for budget reports."
- "The precise delineation of Government Finance Statistics by government subsectors and the consolidated statistics are instrumental in setting effective goals and monitoring policy execution."
- The government should aim to "recommence the release of quarterly and monthly budget outturns."
- The government should complete "improvements in cash management and control by June 2025."
High-level policy recommendations and technical assistance needs
- Lay out high-level policy recommendations to improve fiscal reporting and data within the transparency framework.
- Identify specific technical assistance needs where IMF can support the improvement of fiscal reporting and data.
- Better integration of surveillance and capacity development is emphasized as an objective for IMF support.
Expected benefits and policy implications
- Improved fiscal data governance and regular fiscal/budget data dissemination are linked to:
- Enhanced policy credibility.
- Greater attraction of investors and donors.
- More effective goal-setting and monitoring of policy execution through clear Government Finance Statistics by subsector.
Publication metadata and key statistics
- Pages: 27
- Volume: 2025
- Issue: 050
- Series: Country Report No. 2025/050
- DOI: https://doi.org/10.5089/9798229002820.002
- Stock No: 1SLBEA2025002
- ISBN: 9798229002820
- ISSN: 1934-7685
- Publication date shown: February 25, 2025
International Monetary Fund. Asia and Pacific Dept "Solomon Islands: Selected Issues", IMF Staff Country Reports 2025, 050 (2025), accessed 7/2/2026, https://doi.org/10.5089/9798229002820.002
Content in this bundle
- Solomon Islands: Selected Issues; IMF Country Report No. 25/50; January 29, 2025